PROS Appoints Sherry Lautenbach as Senior Vice President, Global B2B Sales

Veteran leader to drive sales strategies to accelerate revenue growth globally

HOUSTON, January 12, 2021 – PROS® (NYSE: PRO), a provider of AI-powered solutions that optimize selling in the digital economy, today announced that Sherry Lautenbach, a veteran technology sales leader, has joined the company as Senior Vice President, Global B2B Sales. Lautenbach will be responsible for driving enterprise adoption of PROS solutions and the PROS Platform as organizations seek to transform end-to-end selling experiences across traditional and digital channels to meet buyers’ increasing demands.

Reporting directly to Les Rechan, PROS Chief Operating Officer, Lautenbach brings to the role deep expertise in enterprise SaaS and software sales, and more than 25 years of experience achieving and exceeding sales and revenue objectives.

“Sherry is a proven sales leader with a record for accelerating growth, building key relationships, enabling high-performing enterprise software sales teams and achieving aggressive goals,” said Rechan. “We’re honored to welcome Sherry to PROS as we continue to drive market leadership in AI-powered solutions that help B2B companies optimize every shopping and selling experience.”

Prior to PROS, Lautenbach served as Senior Vice President for Cloud Sales at Oracle, where she drove the cloud agenda to the top 120 key accounts. Prior to Oracle, Lautenbach served in senior level roles for Nutanix and IBM. At IBM she was selected as a member of the IBM Senior Leadership Growth Transformation Team, responsible for driving strategy, execution and transformation success across the company.

“PROS has demonstrated strong market leadership across its solutions offerings,” said Lautenbach. “I look forward to working with the PROS team to continue driving growth while delivering a customer experience that helps companies accelerate and outperform in today’s digital marketplace.”

About PROS
PROS Holdings, Inc. (NYSE: PRO) provides AI-powered solutions that optimize selling in the digital economy. PROS solutions make it possible for companies to price, configure and sell their products and services in an omnichannel environment with speed, precision and consistency. Our customers, who are leaders in their markets, benefit from decades of data science expertise infused into our industry solutions.

Forward-looking Statements
This press release contains forward-looking statements, including statements about the functionality and benefits of AI-powered solutions to organizations generally as well as the functionality and benefits of PROS software products. The forward-looking statements contained in this press release are based upon PROS historical experience with AI-powered solutions and its current expectations of the benefits of AI-powered solutions for organizations that implement and utilize such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organization’s AI-powered solution needs, the risks associated with PROS developing and enhancing products with the functionality necessary to deliver the stated results and the risks associated with the complex implementation and maintenance of AI-powered solutions such as PROS software products. Additional information relating to the uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission. These forward-looking statements represent PROS expectations as of the date of this press release. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future whether as a result of new information, future events or otherwise.